Dakota Wealth Management Invests $3.88 Million in Expedia Group, Inc. $EXPE

Dakota Wealth Management purchased a new stake in shares of Expedia Group, Inc. (NASDAQ:EXPE) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 18,134 shares of the online travel company’s stock, valued at approximately $3,876,000.

A number of other large investors have also recently bought and sold shares of EXPE. Bessemer Group Inc. raised its holdings in Expedia Group by 0.8% during the third quarter. Bessemer Group Inc. now owns 6,201 shares of the online travel company’s stock valued at $1,325,000 after buying an additional 52 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of Expedia Group by 4.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,346 shares of the online travel company’s stock valued at $227,000 after acquiring an additional 55 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Expedia Group by 8.0% during the 3rd quarter. Blue Trust Inc. now owns 745 shares of the online travel company’s stock valued at $159,000 after acquiring an additional 55 shares during the last quarter. Millington Financial Advisors LLC raised its stake in shares of Expedia Group by 0.4% in the 3rd quarter. Millington Financial Advisors LLC now owns 13,308 shares of the online travel company’s stock valued at $2,870,000 after acquiring an additional 55 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in Expedia Group by 43.2% in the 3rd quarter. Westside Investment Management Inc. now owns 189 shares of the online travel company’s stock worth $41,000 after purchasing an additional 57 shares during the last quarter. 90.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EXPE. Evercore reissued an “outperform” rating on shares of Expedia Group in a research report on Monday, February 9th. TD Cowen lowered their target price on shares of Expedia Group from $300.00 to $260.00 and set a “hold” rating on the stock in a research note on Friday, February 13th. Argus cut their target price on shares of Expedia Group from $345.00 to $250.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Wells Fargo & Company decreased their price target on shares of Expedia Group from $329.00 to $315.00 and set an “equal weight” rating for the company in a report on Friday, February 13th. Finally, BMO Capital Markets lifted their price objective on Expedia Group from $250.00 to $255.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Thirteen equities research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $282.55.

Insider Buying and Selling

In other Expedia Group news, Director Madhumita Moina Banerjee sold 1,000 shares of Expedia Group stock in a transaction on Monday, December 1st. The shares were sold at an average price of $258.00, for a total transaction of $258,000.00. Following the sale, the director owned 2,916 shares in the company, valued at $752,328. The trade was a 25.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.13% of the stock is currently owned by company insiders.

Expedia Group Stock Up 5.1%

Shares of EXPE opened at $198.12 on Wednesday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73. The company has a 50-day simple moving average of $263.06 and a 200-day simple moving average of $241.63. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80. The firm has a market capitalization of $24.28 billion, a P/E ratio of 20.11, a P/E/G ratio of 0.58 and a beta of 1.41.

Expedia Group (NASDAQ:EXPE) last issued its quarterly earnings results on Thursday, February 12th. The online travel company reported $3.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.32 by $0.46. Expedia Group had a return on equity of 72.23% and a net margin of 8.78%.The firm had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.41 billion. During the same period in the previous year, the company posted $2.39 earnings per share. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. On average, equities research analysts expect that Expedia Group, Inc. will post 12.28 earnings per share for the current year.

Expedia Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.48 dividend. The ex-dividend date is Thursday, March 5th. This is a positive change from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.0%. Expedia Group’s dividend payout ratio is currently 16.24%.

About Expedia Group

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.